Guideline Value for ANNAI INDRA STREET

Annai Indra Street guideline value

The current guideline value of Annai Indra Street is Rs 200 per sq.ft. This street is located in Suleswaranpatty village and falls under the Pollachi SRO. The land classification for this area is Residential Class I Type - I.

How the guideline value of Annai Indra Street has changed

Over the years, the guideline value of Annai Indra Street has undergone several revisions. In 2007, the guideline value was Rs 110 per sq.ft, which increased to Rs 150 per sq.ft in 2012. However, it decreased by 33% to Rs 100 per sq.ft in 2017. The value then saw a significant increase of 100% to Rs 200 per sq.ft in 2023, which remained unchanged in the 2024 revision.

The register has no figure for Annai Indra Street for the years 2002 and 2003. The overall change from 2007 to 2024 is an increase of 82%, reflecting the adjustments made during the revisions.

Guideline values in Suleswaranpatty

Suleswaranpatty has a total of 79 streets under the Pollachi SRO that carry a 2024 guideline value ranging from Rs 200 to Rs 490 per sq.ft, with the median value being Rs 200 per sq.ft. Annai Indra Street's 2024 figure aligns with this median.

• Anbalagan Street: Rs 200 per sq.ft (2024)
• Anna Street: Rs 200 per sq.ft (2024)
• Amman Kovil Street: Rs 200 per sq.ft (2024)
• Ambedkar Street: Rs 200 per sq.ft (2024)
• Alagapuri Street: Rs 200 per sq.ft (2024)
• Alagappan Street: Rs 301 per sq.ft (2024)

Stamp duty and registration fee for property in Annai Indra Street

For a 1,000 sq.ft plot at the current guideline value of Rs 200 per sq.ft, the total guideline value amounts to Rs 2,00,000. The stamp duty at 7% would be Rs 14,000, and the registration fee at 2% would be Rs 4,000, bringing the total to Rs 18,000. Duty is charged on the guideline value or the sale price, whichever is higher. You can use the stamp duty and registration fee calculator for more details.

Which Sub Registrar Office covers Annai Indra Street?

The Sub Registrar Office covering Annai Indra Street is the Pollachi Sub Registrar Office, located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone. You can find your SRO for more information.

How the guideline value is used when you buy or sell in Suleswaranpatty

The guideline value plays a crucial role in property transactions in Suleswaranpatty. It is used to determine the stamp duty and registration fees applicable when a property is bought or sold. Buyers and sellers must be aware of the current guideline value to ensure compliance with local regulations.

When registering a property, the guideline value serves as a benchmark for the minimum value on which stamp duty is calculated. This ensures that the government receives appropriate revenue from property transactions.

Frequently asked questions

What is the current guideline value of Annai Indra Street?

The current guideline value of Annai Indra Street is Rs 200 per sq.ft, effective from 1 July 2024.

How has the guideline value changed over the years?

The guideline value has changed from Rs 110 per sq.ft in 2007 to Rs 200 per sq.ft in 2024, reflecting an overall increase of 82% over the years.

What are the other streets in Suleswaranpatty with the same guideline value?

Other streets in Suleswaranpatty with the same guideline value of Rs 200 per sq.ft include Anbalagan Street, Anna Street, Amman Kovil Street, Ambedkar Street, and Alagapuri Street.

Where can I find the Sub Registrar Office for Annai Indra Street?

The Sub Registrar Office for Annai Indra Street is located at No.104, Taluk Office Campus, Coimbatore Road, Pollachi - 642 001, Coimbatore registration zone.

How is stamp duty calculated for properties in Annai Indra Street?

Stamp duty for properties in Annai Indra Street is calculated based on the guideline value or the sale price, whichever is higher. For example, a 1,000 sq.ft plot at the current guideline value incurs a total of Rs 18,000 in stamp duty and registration fees.